Middle income - Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Middle income was 64.20 as of 2020. Its highest value over the past 60 years was 81.52 in 1991, while its lowest value was 63.71 in 2019.

Definition: Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 77.90
1961 78.04
1962 77.94
1963 78.21
1964 75.23
1965 74.29
1966 76.28
1967 78.01
1968 77.17
1969 77.35
1970 77.26
1971 76.45
1972 76.66
1973 76.86
1974 78.21
1975 75.59
1976 77.92
1977 77.37
1978 78.45
1979 79.92
1980 78.46
1981 73.98
1982 75.66
1983 76.40
1984 76.47
1985 76.31
1986 76.77
1987 77.29
1988 76.16
1989 78.38
1990 79.35
1991 81.52
1992 78.81
1993 79.18
1994 77.27
1995 75.43
1996 75.66
1997 76.96
1998 77.13
1999 79.34
2000 79.17
2001 78.09
2002 77.41
2003 76.73
2004 76.10
2005 75.05
2006 74.28
2007 71.38
2008 69.63
2009 68.18
2010 67.44
2011 65.34
2012 65.68
2013 65.19
2014 65.26
2015 66.31
2016 66.21
2017 64.75
2018 64.35
2019 63.71
2020 64.20

Development Relevance: Low- and middle-income economies are an increasingly important part of the global trading system. Trade between high-income economies and low- and middle-income economies has grown faster than trade between high-income economies. This increased trade benefits both producers and consumers in developing and high-income economies. At the regional level most exports from low- and middle-income economies are to high-income economies, but the share of intraregional trade is increasing. Geographic patterns of trade vary widely by country and commodity. Larger shares of exports from oil- and resource-rich economies are to high-income economies.

Limitations and Exceptions: Data on exports and imports are from the International Monetary Fund's (IMF) Direction of Trade database and should be broadly consistent with data from other sources, such as the United Nations Statistics Division's Commodity Trade (Comtrade) database. All high-income economies and major low- and middle-income economies report trade data to the IMF on a timely basis, covering about 85 percent of trade for recent years. Trade data for less timely reporters and for countries that do not report are estimated using reports of trading partner countries. Therefore, data on trade between developing and high-income economies should be generally complete. But trade flows between many low- and middle-income economies - particularly those in Sub-Saharan Africa - are not well recorded, and the value of trade among low- and middle-income economies may be understated.

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports